Trump, Indonesia and tariff
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U.S. President Donald Trump's threat of a 50% tariff on copper imports is raising alarm in the U.S. auto sector, as it could make it even harder for carmakers and suppliers to absorb border taxes and rising costs,
6don MSN
Manufacturers and construction companies — as well as consumers — would face higher prices if the U.S. jacks up tariffs on copper, analysts said.
Rodrigo Barbosa, Aura Minerals CEO, joins 'Money Movers' to discuss the company's IPO, the impact of tariffs on business and more.
Explore the impact of tariffs on U.S. copper markets. Click for risks for Southern Copper Corporation in Peru, and why I suggest a long FCX/short SCCO strategy.
The Trump administration on Tuesday celebrated a new trade deal with Indonesia, which is one of the world's largest producers of copper. He's threatened a 50% tariff on copper imports starting next month. For cannabis business owner Steven Brown, who founded Nothing But Hemp, he's already seen his costs rise.
Rio Tinto expects annual copper output to come in at the top end of forecasts just as President Donald Trump prepares to slap hefty tariffs on US imports of the metal.
From cattle to cotton to crude, Texas trade contributed a cool $850 billion to the U.S. economy in 2024, according to the Federal Reserve Bank of Dallas. What's more, Texas, the nation’s top exporter,
Most European markets took a hit as trading resumed in the wake of President Trump's latest tariff threats, and as the EU keeps hoping for a deal.